$1,050,000
SOLD OCT 8, 2021

7679 Rabbit Cir Denver, NC 28037

3 Beds
2 Baths
1,905 Sq Ft
0.88 Acres

Recently Sold

$551 Per Sq Ft

5% Above List Price

1 Day on Market

Highlights

  • Waterfront
  • Fireplace
  • Level Lot
  • Rock Springs Elementary School Rated A

About This Home

As of June 2023

The pictures do not do this property justice. All I can say is "Water Frontage for DAYS"! There are very few lots where you can actually see the sun rise as well as watch it set. Miles of main channel water views await the lucky buyer of this stunning "NO HOA" waterfront cottage. If the 400 +/- water frontage is not enough, you can buy the lot next door as well and push it to North of 600 ft! Got Dock? This one was built within the last few years and it is amazing. Let's not forget the loaded question that is almost always asked; can the lot accommodate a pool? YES IT CAN! And the even better news is that this lot has the 30' setback which will allow the pool you build to feel like it's part of the lake. Honestly, for those seeking out a special property, your search can stop here.

Last Agent to Sell the Property

Mike & Erin Toste

Southern Homes of the Carolinas, Inc License #279262 Listed on: 07/31/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Waterfront
  • Level Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace

Additional Features

  • Outbuilding
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 33696

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.05011
  • Ratio Close Price By Original Li: 1.05011
  • Ratio Current Price By Acre: 1182432.43
  • Ratio Current Price By Sq Ft: 551.18
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 330
  • Main Level Sq Ft: 1905
  • Total Sq Ft: 1905

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Rock Springs
  • Middle School: North Lincoln
  • High School: North Lincoln

Lot Info

  • Lot Features: Lake, Lake Access, Level, Views, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.888
  • Parcel Number: 33696
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 693645.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Jun 1, 2023
Sold by
Hill Derek
Bought by
Planishek Thomas A and Planishek Amanda
Seller's Agent
Steve Toop
United Brokers Ltd
Buyer's Agent
Caroline Hodge
Better Homes and Garden Real Estate Paracle
List Price
$1,345,000
Sold Price
$1,340,000
Premium/Discount to List
-$5,000
-0.37%
Views
119
Current Estimated Value
$3,341,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,001,464
Avg. Annual Appreciation
50.37%
Original Mortgage
$1,072,000
Interest Rate
6.25%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 31, 2021
Closed on
Oct 7, 2021
Sold by
Kile William and Kile Elizabeth H
Bought by
Hill Derek and Hill Jessica C
Seller's Agent
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$999,900
Sold Price
$1,050,000
Premium/Discount to List
$50,100
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%
Original Mortgage
$810,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2021
Sold by
Moore Brian C and Moore Monica J
Bought by
Kile William

Purchase Details

Closed on
Mar 25, 2019
Sold by
Kile William and Kile Hope
Bought by
Moore Brian C and Moore Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2018
Sold by
Hayes Donald M
Bought by
Hayes Donald M

Purchase Details

Closed on
Feb 14, 2011
Sold by
Hayes Corrie M
Bought by
Hayes Corrie M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,340,000 None Listed On Document
Warranty Deed $1,050,000 None Available
Warranty Deed $760,000 None Available
Warranty Deed $725,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,800,000 Construction
Closed $1,072,000 Balloon
Previous Owner $810,000 New Conventional
Previous Owner $513,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $1,340,000 -0.4% $703 / Sq Ft
03/30/2023 03/30/23 For Sale $1,345,000 +28.1% $706 / Sq Ft
10/08/2021 10/08/21 Sold $1,050,000 +5.0% $551 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $999,900 -- $525 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,820 $1,765,343 $764,515 $1,000,828
2024 $6,880 $1,121,004 $764,515 $356,489
2023 $6,891 $1,123,781 $764,515 $359,266
2022 $5,255 $693,645 $453,274 $240,371
2021 $5,206 $693,645 $453,274 $240,371
2020 $4,953 $693,645 $453,274 $240,371
2019 $5,506 $228,161 $0 $228,161
2018 $0 $634,019 $444,238 $189,781
2017 $4,571 $629,677 $444,238 $185,439
2016 $4,556 $629,677 $444,238 $185,439
2015 $4,551 $629,677 $444,238 $185,439
2014 $5,013 $696,410 $521,124 $175,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3767289

Canopy MLS (Canopy Realtor® Association)

APN: 33696